Latest News from IBI
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Saxdor Yachts appoints interim CEO as Erna Rusi steps down
Eric Lindquist takes interim charge as the boat builder seeks a new chief executive to lead its next phase of growth
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Albania’s Balkans Sea Fair expands in second edition
This year’s event sparked numerous new partnerships between Western European and Albanian players
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French boat builders resilient despite difficult market conditions
A boot Düsseldorf press tour of four French builders reveals how the industry is adapting to shifting industry dynamics
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NVN Marine moves to fill the gap left by West Marine
Online accessories retailer opens first physical store in the town of its struggling rival
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Cockwells founder steps back as new management team takes helm
Henry Ward, Jack Carr and Tim Tregear will lead the Pendennis-backed boat builder as it enters its fourth decade
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MarineMax plans expansion of Pompano Beach sales facility
US dealer seeks approval for a 1,380ft² addition and wider upgrades at its South Florida waterfront site
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Nimbus USA names Panama dealer for Central, South American expansion
Panama Yacht Group brings international connections and regional market knowledge
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Sea Ray signs new hometown dealer
Tri-Star Power Sports & Marine will represent the brand in East Tennessee
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People on the Move This Week
New appointments at Ocean Marketing, Denison Yachting, TISG and more
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Cape Town’s V&A Waterfront appoints communications chief
Donald Kau takes on communications leadership at Cape Town’s V&A Waterfront as the precinct develops its marine and commercial infrastructure
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Azimut expands dealer network in New Zealand and Mexico
The Italian yacht builder appoints The Nautical Group and renews its partnership with Performance Boats to strengthen sales and after-sales support
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HikoTerra expands global distributor network
New appointments across seven markets aim to strengthen sales and service for the company’s H⁴ Hybrid Power System
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Mirava raises nearly US$7.5m for smart electric boat expansion
Angel round will fund production, European market development and further work on autonomous boating technology
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Moonen Yachts marries hull and superstructure of 10th Martinique
The company joins the steel hull and aluminium superstructure of its 10th Martinique, with delivery scheduled for June 2027
News
Cape Canaveral shipyard eviction leaves 40 boaters stranded
An eight-year legal dispute has left around 40 boat owners facing costly crane launches after the shipyard operator was evicted
News
Boats Group and Galati Yacht Sales extend long-standing partnership
Renewed agreement will deepen data sharing and digital collaboration across the boat-buying process
News
Plymouth Boat Fest sets date for 2027 return
The South West maritime event will return on 12 June, with marine technology, vessel displays and industry exhibitors
News
Elite Yacht Covers named Nautor Swan’s exclusive canvas partner
The partnership will give Nautor Swan owners access to bespoke canvas, replacement covers and specialist aftercare
News
AkzoNobel and Axalta name merged coatings business Axanzo
The planned merger will create a global coatings group with around 100 brands across more than 160 countries
News
Five mainland Chinese yachts to mark Hong Kong scheme launch
New rules will allow mainland-registered yachts to navigate Hong Kong waters and use designated berthing areas
News
Electric WaterCraft Forum unveils eight-boat lineup
The event in Maine, US, will showcase electric propulsion systems through on-water demonstrations and interactive displays
News
Patrick Industries-LCI merger faces extended US antitrust review
DOJ information request extends regulatory review of proposed merger between two major marine and RV component suppliers
News
South African cat builder unveils new model amid strong US demand
Vision Yachts prepares to deliver its first Vision 484 to the US ahead of its American debut in 2027
News
Newport boat show reports strong attendance at 55th event
New Fishing Village, product launches and training sessions featured at four-day event in Rhode Island
News
Rolls-Royce and MAKEEN agree Saudi engine production deal
The licence agreement gives MAKEEN rights to manufacture and assemble mtu Series 2000 marine engines locally
News
Catana Group reports improved order intake but revenue falls 18% in 2025-26
Four new models are planned under its 2030 strategy after a second year of falling boat sales
News
Harmonised EU boatbuilding standards could reduce industry costs
Proposed EU reforms aim to make standards more accessible, speed up development and reduce compliance costs for marine businesses
News
Lionel Messi orders Sunreef Ultima 88 catamaran
UAE-built yacht will join MiM Ocean fleet as Sunreef expands production in Ras Al Khaimah
News
Lehmann Marine opens new automated production line in Greece
The company has opened an automated battery production line in Greece, boosting capacity for maritime energy storage systems
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Mercury Marine to receive state grant to train workers in AI
Wisconsin manufacturer receives US$330,000 to train more than 1,200 employees and 65 new hires in artificial intelligence
News
Fountaine Pajot forms Greek joint venture with Atalanta Marine
New company to oversee sales and support for Fountaine Pajot and Dufour brands in Greece and Cyprus
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Freedom Boat Club signs Melbourne franchise
Melbourne franchise brings Freedom Boat Club’s membership model to Australia, with launch planned for December 2026
News
Boats Group appoints OpenAI executive Brandon McGraw to board
Marine marketplace operator adds consumer technology expertise as it expands AI-driven tools across its platforms
News
Princess Yachts to premiere C48 and X90 at FLIBS
The British builder will showcase eight yachts across six classes, including the C48 world premiere and X90’s North American debut
News
NMMA launches new Dallas boat show
NMMA will launch Discover Boating DTX in Dallas in March 2027, targeting the growing North Texas boating market
News
Ocean Marketing announces leadership changes
Jeff Cox becomes president as John Thommen moves to chairman and Jeff Earl is promoted to vice president
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Williams and Evene to debut tenders at Fort Lauderdale show
Williams will introduce two TurboJet MX models to North America, while Evene brings its Origin 57 superyacht tender to the US
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Denison Yachting announces new president
Patrick Coote will drive growth across the US, Europe and GCC through investment, acquisitions and recruitment
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Free registration for Metstrade closes soon
Leisure marine professionals have until 31 October to secure free visitor registration
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São Paulo Boat Show closes 29th edition with more than 800 boats sold
Latin America’s largest nautical event drew its highest attendance in years
News
Gulfland Marine changes ownership after 29 years
Longstanding owners Craig and Tess step aside as staff member Jay MacDonald and his family take over the New Zealand marine business
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Lymington Harbour adds 75kW electric boat charger
New Aqua superPower installation expands The Electric Seaway network, supporting electric leisure craft and commercial vessels along the UK’s south coast
News
TISG new board reappoints Costantino as CEO
First meeting of new board restructures group’s corporate committees and confirms revised financial calendar
News
Interview: boot Düsseldorf director on building the boating community
IBI correspondent Mike Derrett caught up with Petros Michelidakis, boot Düsseldorf director of boating and watersports events, during the organisation’s press tour in western France
News
Pearl Yachts to debut new flagship at FLIBS 2026
The 30m Pearl 100 Hybrid will make its world premiere in Fort Lauderdale, introducing hybrid propulsion to the British yacht builder’s range
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Passport Yachts to continue under new leadership
Longtime team members John Albertine and Mike Largesse will maintain yacht construction and brokerage operations following Thom Wagner’s death
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Index Marine appoints GMA to expand European sales
The UK cable management specialist has appointed GMA to strengthen customer support and develop new business across Europe
News
Elvstrøm Sails launches North American operation
New Newport-based distributor will supply the Danish sailmaker’s cruising and performance products across the US and Canada
News
Bologna court rejects KKCG Maritime challenge to Ferretti
Court dismisses interim relief application over shareholder votes, leaving Ferretti Group’s board and governance arrangements unchanged
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